Bradda Capital, the UK real estate investment adviser, has commenced construction works on the comprehensive retrofit of 31 Chertsey Street, its 31,000 sq ft office building in Guildford town centre.
The £5 million contract has been awarded to SPACE & Solutions, part of the SIMUL Group, with completion targeted for summer 2026.
Designed by Hale Brown Architects, the scheme will transform the existing three-storey building into high-quality Category A workspace, creating an all-electric office building that meets the expectations of modern occupiers while significantly enhancing its sustainability credentials.
On completion, 31 Chertsey Street will target BREEAM Excellent and NABERS 5 Star ratings, positioning it as one of the most sustainable refurbished office buildings in the South East and one of the first NABERS 5 Star offices outside the M25.
The retrofit will replace existing gas-powered systems with highly efficient air source heat pumps, supported by rooftop photovoltaic panels and full LED lighting throughout. These measures are expected to reduce operational carbon emissions by up to 99 per cent, aligning with Bradda Capital’s long-term ESG strategy and responding to growing occupier demand for low-carbon workspace.
In addition to its sustainability upgrades, the scheme will enhance tenant amenity, including balconies, improved cycle facilities, showers and landscaped external areas, creating a more attractive and occupier-focused working environment in the heart of Guildford.
David Phillips, managing director of Bradda Capital, said: “Starting on site is a milestone for us and underlines our conviction in the Guildford office market. This is about delivering a best-in-class, sustainable building that meets the demands of today’s occupiers. By creating an all-electric, highly energy-efficient workspace targeting BREEAM Excellent and NABERS 5 Star, we are future-proofing the asset while contributing positively to the town centre”.
Steve O’Callaghan, founder and managing partner of SIMUL Group, said: “31 Chertsey Street is an exciting project that demonstrates how existing buildings can be reimagined to meet the expectations of modern occupiers while significantly reducing carbon impact. Working closely with Bradda Capital and the design team, we’re focused on delivering a high-quality retrofit that combines strong sustainability performance with a great workplace environment”.
Letting agents are BNP Paribas Real Estate and Owen Isherwood.
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